Salary Sacrifice Shared Cost Additional Voluntary Contributions (AVCs)
key details
| Value | £240,000 |
|---|---|
| Status | complete |
| Category (CPV) | 66520000 |
| Deadline | 13 Jul 2026 |
| Contract start | 5 Sept 2026 |
| Contract end | 5 Sept 2028 |
| Procedure | direct |
| SME suitable | Yes |
| OCID | ocds-b5fd17-c39363c7-d518-43d4-b3d4-a97d1376008f |
Award
| Supplier | Value | Date | Status |
|---|---|---|---|
| AVC Wise Limited (T/a My Money Matters) | £240,000 | 20 Aug 2026 | active |
description
This procurement is for the provision of a fully managed salary sacrifice shared cost Additional Voluntary Contribution (AVC) Scheme provider. Our current contract is with My Money Matters (formerly AVC wise and was procured in 2023. We are seeking to replicate the offering provided by My Money Matters under the new contract, which includes provision of the shared cost AVC Scheme as well as provision of a range of financial wellbeing resources via an online platform.
Additional information:
Portsmouth City Council Salary Sacrifice Shared Cost Framework for additional voluntary contributions (SSAVCs)
notice history
2 notices published against this procurement.
| Published | Type | Regime | Notice |
|---|---|---|---|
| 30 Apr 2026 | Preliminary market engagement (UK2) | Procurement Act 2023 | 039875-2026 |
| 4 Sept 2026 | Award (award) | · | 612d08c7-a529-444a-adeb-6928632bd360-913022 |
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source
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